Charter School Of Inquiry is located in Buffalo, NY. The organization was established in 2015. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 06/2022, Charter School Of Inquiry employed 89 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Charter School Of Inquiry is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Charter School Of Inquiry generated $5.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.3% each year . All expenses for the organization totaled $4.9m during the year ending 06/2022. While expenses have increased by 17.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
OPERATE AS A CHARTER SCHOOL IN THE CITY OF BUFFALO, NY AND PROVIDE INSTRUCTION TO GRADES K-6.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL SERVICES - CHARTER SCHOOL OF INQUIRY WILL CHALLENGE STUDENTS GRADES K-6 TO THINK CRITICALLY, PROBLEM SOLVE AND WORK COLLABORATIVELY THROUGH THE INQUIRY-BASED LEARNING ENVIRONMENT THAT THE SCHOOL PROVIDES, WHICH WILL ENABLE THE STUDENTS TO PARTICIPATE AS CITIZENS OF THEIR COMMUNITY AND THE WORLD.
SPECIAL EDUCATION - STUDENTS WITH SPECIAL NEEDS
OTHER PROGRAMS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John Sheffield Head Of School | Officer | 40 | $139,862 |
Lynn Monin Director Of Operations | Officer | 40 | $76,774 |
Valerie Nolan Chair | OfficerTrustee | 15 | $0 |
Richard Haydon Treasurer | OfficerTrustee | 2 | $0 |
Peter Dow Secretary | OfficerTrustee | 2 | $0 |
Melvin Bankhead III Trustee | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $1,223,408 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,223,408 |
Total Program Service Revenue | $4,203,480 |
Investment income | $1,237 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $5,432,175 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $253,501 |
Compensation of current officers, directors, key employees. | $253,501 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,578,578 |
Pension plan accruals and contributions | $118,979 |
Other employee benefits | $252,631 |
Payroll taxes | $289,695 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $360,201 |
Advertising and promotion | $17,022 |
Office expenses | $39,212 |
Information technology | $122,226 |
Royalties | $0 |
Occupancy | $80,719 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $27,640 |
Interest | $118,702 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $174,811 |
Insurance | $39,514 |
All other expenses | $22,257 |
Total functional expenses | $4,940,908 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,061,540 |
Savings and temporary cash investments | $1,731,555 |
Pledges and grants receivable | $651,968 |
Accounts receivable, net | $35,069 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $9,418 |
Net Land, buildings, and equipment | $1,088,494 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $5,578,044 |
Accounts payable and accrued expenses | $429,520 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $1,112,960 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $1,542,480 |
Net assets without donor restrictions | $4,035,564 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $5,578,044 |
Over the last fiscal year, we have identified 1 grants that Charter School Of Inquiry has recieved totaling $170.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $170 |
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New Foundations Charter School Marlton, NJ | $17,967,778 | $23,202,828 |
Village Community School New York, NY | $70,966,980 | $22,510,782 |
Lycee International De Boston International School Of Boston Inc Cambridge, MA | $37,411,967 | $19,857,918 |
Speyer Legacy School New York, NY | $16,160,814 | $25,812,126 |
Fenn School Inc Concord, MA | $99,819,486 | $20,241,981 |
Lancaster Country Day School Lancaster, PA | $75,848,302 | $20,350,115 |
Freire Charter School Philadelphia, PA | $7,896,247 | $17,871,218 |
Academy In Manayunk Inc Conshohocken, PA | $64,687,092 | $23,625,839 |
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